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Popular Restaurant & Takeaway On Sovereign Harbour For Sale

Eastbourne, East Sussex
Asking Price:
£179,995 Furniture / Fixtures included
Turnover:
£283,642
Net Profit:
Available on request

Seating For 80 Inside & 36 Outside
Annual Turnover £284,812
Stunning Water Front Location
5* Food Hygiene Rating For Restaurant
Large Free Car Park Directly Outside
Run Under Management
EPC - D

REF 6153 – Leasehold Restaurant & Takeaway

Blacks Brokers are pleased to bring to the market this leasehold restaurant and takeaway located in the popular and much sought-after area of Sovereign Harbour, Eastbourne.

INTRODUCTION

Harbour Grill has been trading on The Waterfront in Sovereign Harbour since 2010 and was established by our client. The restaurant has become a very popular and well known business within this area with a large base of regular customers in addition to plenty of passing trade. Harbour Grill has a 5* hygiene rating and a number of excellent online reviews.

LOCATION

Sovereign Harbour is a development of the beach land in the seaside resort of Eastbourne, to the East of the town centre. Opened in 1993 and formerly known as The Crumbles, the marina now consists of four separate harbours, a retail park and several housing projects with both permanent and holiday properties.

Sovereign Harbour is northern Europe’s largest composite marina complex and boasts four linked harbours, a large free car park and the hugely popular Waterfront retail and restaurant development.

REASON FOR SALE

The business is only being offered for sale due to our client’s other business interests.

LEASE

The current lease runs at a cost of £1,250 per week with further details to be confirmed.

BUILDING LAYOUT AND DESIGN

Harbour Grill is housed within an impressive, two storey waterfront property within this stunning development complex. The business is well branded with attractive signage displayed above the main entrance and the business has a welcoming, decked area to the front with seating for up to twenty.
Inside, the main restaurant area is extremely well-presented with tiled flooring throughout, modern décor and free-standing tables and chairs. This offers seating for eighty with a separate bar area and further outdoor seating is available to the side of the property.
The takeaway has its own independent entrance from the harbour. There are also storage areas here and customer toilets.
The business is supported by a fully-equipped catering kitchen.
Each area of this business is presented well and finished to a high standard with good quality equipment, fixtures and fittings in place. A full inventory is available on request.

STAFF

The business is currently operating with fifteen members of staff in employment. The business is currently run under management with little involvement from the current owner.

FINANCIAL DETAILS

Full financial details are available upon viewing this business. Harbour Grill has a large customer base and a superb trading history with solid trading since opening. The business generates an annual turnover of £284,812 per annum with gross profits to be confirmed.

SUMMARY

This is a rare opportunity to acquire a superbly presented restaurant and independently accessed takeaway in Eastbourne’s highly affluent Sovereign Harbour.
An ideal acquisition for a national chain to instantly establish a flagship branch.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON - SUN: 11:00 - 23:00

Contact Information

    1. Your Address

    2. Optional
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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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